More than 20 per cent of houses in the Shoalhaven are empty while the victims of the housing crisis spend winter in tents, but the success of an appeal to investment property owners in a neighbouring shire could help to get roofs over heads.
A New South Wales mayor will ask holiday rental house owners to consider leasing to permanent tenants in a bid to address the housing crisis.Some 600 homes are available for short stays in the major regional hub of NowraShoalhaven Mayor Amanda Findley's move follows the success of the samein the neighbouring Eurobodalla Shire, where 50 home owners have agreed to switch to long-term leasing.
Ms Findley said domestic tourism had slowed down in the region because people were choosing to holiday overseas again."We've had a quiet winter in the Shoalhaven and full-time tenancy is a good option for people who own a second home, particularly as we see international flights picking up speed again," Ms Findley said.
"We're not in the same kind of economic conditions as we were 18 months ago when it comes to domestic travel. "Some people may find themselves with an asset that isn't what they expected, in terms of running a business from home." Amanda Findley says she will write to investment property owners and ask them to reconsider their approach to leasing.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Unprecedented growth in house prices': OECD calls to cap tax breaks benefitting the richCapping tax breaks for housing could help reduce house prices and ensure that property is not concentrated in the hands of older and wealthier Australians, the OECD says.
Read more »
Why are one in four Sydney homes being pulled from auction?Homeowners who listed their properties for auction are increasingly abandoning their plans, although veteran agents have some advice for anyone trying to negotiate a deal in this market.
Read more »
ATO targets holiday rents as pollies focus on housingAs ministers meet to discuss the housing crisis, and rents rocket, one of the great taxation ironies is drawing unwelcome attention.
Read more »
Arizona Republican censured by party over testimony on resisting TrumpRusty Bowers, the Arizona house speaker, testified to the House January 6 committee in June
Read more »
‘The most significant cost’: Is it time to limit rent increases?There are renewed calls from tenant advocates for caps on rent increases in NSW as the state is in the grips of a chronic rental crisis.
Read more »
All LIV Golf can offer is money: Maybe that’s all Cameron Smith wantsAs the Saudi-funded golf league continues to disrupt golf, tough decisions and rough consequences are sure to follow.
Read more »